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Kristalina Georgieva

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Kristalina Georgieva

Kristalina Ivanova Georgieva-Kinova (Bulgarian: Кристалина Иванова Георгиева-Кинова; née Georgieva; born 13 August 1953) is a Bulgarian economist who has served as the 12th managing director of the International Monetary Fund since 2019. She is the first person from an emerging market economy to lead the institution. She began her career by teaching economics. Serving as European Commissioner for International Cooperation, Humanitarian Aid, and Crisis Response from 2010 to 2014, Georgieva directed EU resources to aid those affected by crises including the 2010 Haiti earthquake. As vice-president of the European Commission for Budget and Human Resources from 2014 to 2016, she managed the EU's budget and staff through the aftermath of the Eurozone debt crisis and during the 2015 refugee crisis. As the first chief executive officer of the World Bank from 2017 to 2019, Georgieva led significant reforms and secured the largest funding increase in the Bank's history, totaling $13 billion. She also served as Acting President of the World Bank Group in 2019. At the IMF, Georgieva helped steer the global economy through the COVID-19 pandemic, providing $1 trillion in liquidity and reserves, integrating climate considerations into IMF policies, and increasing financial and policy support to vulnerable countries. She was reappointed for a second term in 2024. In 2021, during her tenure at the World Bank Group, an independent inquiry led by former US Attorney Ronald Machen and the law firm WilmerHale found she manipulated the World Bank's Doing Business report by instructing staff to alter data to inflate the rankings for China and Saudi Arabia. Her leadership of the IMF has also been criticized for being pro-authoritarian and providing forecasts of economic growth in Russia based on cherry-picked economic statistic releases following the Russian invasion of Ukraine. Georgieva has been hailed for her work on gender equality and climate change. She was ranked 12th on the Forbes list of the World's 100 Most Powerful Women in 2023.

Infobox

Deputy
mw- David LiptonGeoffrey OkamotoGita GopinathDan Katz
Preceded by
Karel De Gucht
Succeeded by
Christos Stylianides
President
Jim Yong KimDavid Malpass
Commission
Barroso II
Born
Kristalina Ivanova Georgieva (1953-08-13) 13 August 1953 (age 72)Sofia, Bulgaria
Spouse
Kino Kinov
Children
1
Alma mater
University of National and World Economy (BA, MA, PhD)

Tables

· External links
Preceded byMeglena Kuneva
Preceded byMeglena Kuneva
Political offices
Preceded byMeglena Kuneva
Political offices
Bulgarian European Commissioner 2010–2017
Political offices
Succeeded byMariya GabrielNominee
Preceded byKarel De Guchtas European Commissioner for Development and Humanitarian Aid
Preceded byKarel De Guchtas European Commissioner for Development and Humanitarian Aid
Political offices
Preceded byKarel De Guchtas European Commissioner for Development and Humanitarian Aid
Political offices
European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response 2010–2014
Political offices
Succeeded byNeven Mimicaas European Commissioner for International Cooperation and Development
Succeeded byChristos Stylianidesas European Commissioner for Humanitarian Aid and Crisis Management
Succeeded byChristos Stylianidesas European Commissioner for Humanitarian Aid and Crisis Management
Political offices
Succeeded byChristos Stylianidesas European Commissioner for Humanitarian Aid and Crisis Management
Preceded byJacek Dominikas European Commissioner for Financial Programming and the Budget
Preceded byJacek Dominikas European Commissioner for Financial Programming and the Budget
Political offices
Preceded byJacek Dominikas European Commissioner for Financial Programming and the Budget
Political offices
European Commissioner for the Budget and Human Resources 2014–2017
Political offices
Succeeded byGünther Oettinger
Diplomatic posts
Diplomatic posts
Political offices
Diplomatic posts
Preceded byJim Yong Kim
Preceded byJim Yong Kim
Political offices
Preceded byJim Yong Kim
Political offices
President of the World Bank GroupActing 2019
Political offices
Succeeded byDavid Malpass
Preceded byDavid LiptonActing
Preceded byDavid LiptonActing
Political offices
Preceded byDavid LiptonActing
Political offices
Managing Director of the International Monetary Fund 2019–present
Political offices
Incumbent
Political offices
Preceded byMeglena Kuneva
Bulgarian European Commissioner 2010–2017
Succeeded byMariya GabrielNominee
Preceded byKarel De Guchtas European Commissioner for Development and Humanitarian Aid
European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response 2010–2014
Succeeded byNeven Mimicaas European Commissioner for International Cooperation and Development
Succeeded byChristos Stylianidesas European Commissioner for Humanitarian Aid and Crisis Management
Preceded byJacek Dominikas European Commissioner for Financial Programming and the Budget
European Commissioner for the Budget and Human Resources 2014–2017
Succeeded byGünther Oettinger
Diplomatic posts
Preceded byJim Yong Kim
President of the World Bank GroupActing 2019
Succeeded byDavid Malpass
Preceded byDavid LiptonActing
Managing Director of the International Monetary Fund 2019–present
Incumbent

References

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